Published: 2026-06-30T07:10:24.000Z
Chart AUD/NZD Update: Extending pullback from 1.2255 high
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Under pressure as prices extend pullback from the 1.2255 high of last week to reach support at the 1.2165/50 congestion
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 1.2300 | * | congestion | S1 | 1.2165/50 | * | 3 Jun high, congestion | |
| R3 | 1.2285 | ** | 26 May YTD high | S2 | 1.2100 | * | congestion | |
| R2 | 1.2255 | * | 22 Jun high | S3 | 1.2050 | ** | 10 Jun low | |
| R1 | 1.2200 | ** | 8 Apr high, congestion | S4 | 1.1980 | ** | 1 Jun low |
Asterisk denotes strength of level
07:00 GMT - Under pressure as prices extend pullback from the 1.2255 high of last week to reach support at the 1.2165/50 congestion. Daily studies have turned lower to unwind overbought readings and suggest scope for break here to open up room for deeper pullback to retrace gains from the 1.1980 low. Lower will see room to the 1.2100 congestion. Below this will turn focus to strong support at 1.2050/1.1980, the 10 and 1 June lows. Meanwhile, resistance is lowered to 1.2200 level which is expected to cap and sustain losses from the 1.2255 high.